Group Finance Controller

The opportunity

An exciting opportunity has arisen to join Trenchard Aviation, backed by Graphite Capital, based in West Sussex. This company have aggressive growth plans and are looking to expand both in the UK and internationally, via organic growth as well as acquisition. Reporting directly to the CFO you will play a key role in this growth and will have significant exposure to the board and PE investors.
 

The role

Managing a team of 11, you will ensure the timely production of management and statutory accounts including group consolidation. You will be responsible for the integration of newly acquired businesses, designing and implementing new accounting systems, also assisting with due diligence. You will have ownership over the budgeting and re-forecasting process and will be required to present to investors on this. It will be important to ensure effective working capital management whilst retaining an ongoing appreciation of the exit strategy.
 

Key responsibilities include:

• Managing and developing the Group's finance function comprising c11 staff (2 direct and 9 indirect reports) across most standard Finance disciplines
• Ability to develop the management accounts and KPIs as the group develops
• Overseeing and driving timely completion of the monthly preparation of management accounts including completion of the Group consolidation
• Design and implementation of a new accounting system across newly acquired businesses
• Ability to challenge and replace established processes and procedures where necessary
• Management of the annual audit process for financial reporting
• Assistance with the preparation of the monthly Board Pack for discussion with the Board and Graphite Capital
• Input to preparation of the monthly bank model for sharing with the syndicated lenders including covenant headroom and stress-testing
• Acquisition and completion accounting, including fair value accounting, for business combinations
• Ensure returns for Corporation tax, VAT and other relevant taxes are submitted, payments made on time and all relevant regulations are complied with
• Ensure effective stock management systems are implemented across the business as part of drive to reduce stock holding costs
• Effective working capital management to ensure quarterly financial covenants are met.
• Primary lead in Financially integrating business acquisitions (transaction back-office consolidation, system adoption and standardised reporting)
• Assisting with due diligence for smaller acquisition targets
• Overseeing cash forecasting models to maintain tight control over current and future residual cash
• Ownership of the annual budgeting and re-forecasting processes including investor presentations
• Continual drive to support and improve margin through effective financial control and commercial acumen
• Sign-off and assistance with contract tender and re-tender costing documentation
• Point of contact for Legal, DD, Commercial DD, Bank and PE advisors/investors
• Retain an on-going appreciation of the exit strategy and the need to maintain and produce comparable, stable data streams to support that aim
• Carry out any further tasks for which your qualifications & experience are suited as directed by the Group CFO
   

To apply for this role you must be a chartered accountant. Previous experience of working for a PE backed business is valuable but not essential. Broad experience of group accounting including consolidation is a must.

Please note that all direct or 3^rd party applications will be forwarded to Finatal as part of an exclusivity agreement.